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Ethics for Managers: Contribution of FMCG Sectors towards Sustainable Development Goals

   

Added on  2023-06-09

9 Pages2298 Words280 Views
Running head: ETHICS FOR MANAGERS
Ethics for Managers
Name of Student
Name of University
Author Note

1
ETHICS FOR MANAGERS
Table of Contents
Introduction................................................................................................................................2
Relevant SDGs for FMCG.........................................................................................................2
Implementation of Strategies to contribute towards the development.......................................3
Conclusion..................................................................................................................................6
Reference....................................................................................................................................7

2
ETHICS FOR MANAGERS
Introduction
The role of the FMCG sectors in a business industry is important as are the roles
played by business sectors. FMCG sectors provide an opportunity for societies to develop
with the social responsibilities that are undertaken by it. According to Liu et al. (2016), the
social responsible contribution of the FMCG, sectors provide it with a competitive advantage
in the market over other sectors. Therefore, the application of Sustainable Development
Goals that can be attributed with the sector can be analysed to strengthen the contribution
made by the sectors. In this regard, three Sustainable Development Goals that provide
relevancy to the sector can be analysed. The aim is to investigate the strategies that are
formed so that the FMCG sectors can help in the progress of a society.
Relevant SDGs for FMCG
Eradication of poverty: As observed by Keesstra et al. (2016) poverty is a social evil
that has consumed half of the population of the world. The FMCG sectors aim to remove
poverty by providing opportunity for every people to eat healthy. In countries involving
India, Pakistan and the African nation poverty plays a major role in the society. Hence, it is
important that poverty be eradicated from these regions so that the people can enjoy a
peaceful living. Strategies are undertaken by the FMCG sectors so that such societies can
have a normal life and economic and social needs of the people can be met. In this regard,
examples can be taken of reputed companies like Starbucks that have made progress to
remove poverty from the face of the earth and ensured that the growth in the market is
upheld. Campaigns have also been set up to create awareness about poverty and its ill effects.
Quality of food supplied and manufactured: This particular Sustainable
Development Goal is important for the FMCG sectors as it can help it to clear its reputation

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